Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 FORDICE CLOSE is a very small extended detached house of 57m², built sometime between 1967 and 1975. It was last sold for £235,000 in June 2024, which was around 35% below the average June 2024 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 FORDICE CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 7 FORDICE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2024 5 JUN | £235,000 | £361,022 | 35% below HPI |
2018 22 NOV | £135,000 | £287,955 | 53% below HPI |
1997 15 DEC | £58,500 | £78,487 | 25% below HPI |
The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 7 FORDICE CLOSE sales between December 1997 and June 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2018 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the June 2024 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
7 FORDICE CLOSE is 57m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of detached houses in Hugglescote, based on EPC data. The below chart shows the distribution of detached houses by size in Hugglescote, and where 7 FORDICE CLOSE lies on this distribution: 1% of detached houses are smaller than 7 FORDICE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hugglescote.
7 FORDICE CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 7 FORDICE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 FORDICE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
7 FORDICE CLOSE is located in HUGGLESCOTE, in the LE67 postcode district. The below map shows the position of No. 7 on FORDICE CLOSE.